Technology
Home Appliances Market Size in France is set to grow by USD 3.8 billion from 2024-2028, Innovation and product launches driving growth boost the market, Technavio
Published
11 months agoon
By

NEW YORK, July 4, 2024 /PRNewswire/ — The home appliances market size in France is estimated to grow by USD 3.8 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 4.51% during the forecast period. Innovation and product launches driving growth is driving market growth, with a trend towards smart and connected appliances gaining traction. However, fluctuations in raw material prices and operational costs poses a challenge. Key market players include Arcelik A.S., Breville Group Ltd., Electrolux group, GROUPE BRANDT, Haier Smart Home Co. Ltd., Hisense International Co. Ltd., Hitachi Ltd., LG Electronics Inc., MIDEA Group Co. Ltd., Panasonic Holdings Corp., Robert Bosch GmbH, Samsung Electronics Co. Ltd., Sharp Corp., The Middleby Corp., Voltas Ltd., and Whirlpool Corp..
Get a detailed analysis on regions, market segments, customer landscape, and companies- View the snapshot of this report
Home Appliances Market In France Scope
Report Coverage
Details
Base year
2023
Historic period
2018 – 2022
Forecast period
2024-2028
Growth momentum & CAGR
Accelerate at a CAGR of 4.51%
Market growth 2024-2028
USD 3.8 billion
Market structure
Fragmented
YoY growth 2022-2023 (%)
3.9
Regional analysis
France
Performing market contribution
Europe at 100%
Key countries
France
Key companies profiled
Arcelik A.S., Breville Group Ltd., Electrolux group, GROUPE BRANDT, Haier Smart Home Co. Ltd., Hisense International Co. Ltd., Hitachi Ltd., LG Electronics Inc., MIDEA Group Co. Ltd., Panasonic Holdings Corp., Robert Bosch GmbH, Samsung Electronics Co. Ltd., Sharp Corp., The Middleby Corp., Voltas Ltd., and Whirlpool Corp.
Market Driver
The home appliances market in France is experiencing significant growth due to increasing consumer preference for smart appliances. Factors such as rising purchasing power, growing number of nuclear families, popularity of modular kitchens, and changing eating habits are influencing this trend. Freezer refrigerators, equipped with advanced technology like heat pumps and insulating chambers, keep food fresh for extended periods. Smart appliances offer convenience with easy-to-use features and remote access through mobile applications. These devices integrate with mobile apps and interfaces to control temperatures and monitor status in real-time. The growing adoption of smart and connected appliances is a major factor driving the market’s growth in France during the forecast period.
The Home Appliances Market in France is experiencing significant growth due to lifestyle changes, with a focus on safety, security, and convenience. Smart home appliances, including air conditioners (AC) and electric appliances for cooking, washing, and cleaning, are popular choices for working individuals, nuclear families, and single person homes. Energy efficiency and AI-enabled appliances are key trends, with advanced functions such as Wi-Fi connectivity, voice control, temperature sensors, and home automation becoming increasingly important. The chip shortage has impacted the supply of electronic products, affecting supply chains and microchips used in home systems and consumer electronics. Agile operations and digital transformation are essential for businesses to adapt to variable cost structures and the increasing digital penetration of online retailing. Smart washing machines with features like bionic magic filter and 3D rolling wash are also gaining popularity in the market. Overall, the home appliances sector in France is undergoing a significant shift towards intelligent devices and home systems, driven by the IoT and the demand for convenience and efficiency.
Research report provides comprehensive data on impact of trend. For more details- Download a Sample Report
Market Challenges
The home appliances market in France is influenced by various factors that impact the pricing of appliances. These factors include the cost of labor, raw materials, distribution, marketing, and research and development. Fluctuations in raw material prices, particularly for plastic, steel, and rubber, pose a significant challenge for manufacturers. International price volatility directly affects the cost of these materials, which in turn impacts the final product price and profit margins. Additionally, transportation costs, which include taxes, duties, and fuel prices, are also subject to fluctuation due to changes in petroleum prices. These transportation costs represent a substantial portion of the overall cost structure for home appliance manufacturers, potentially hindering market growth in France during the forecast period.The Home Appliances Market in France is experiencing significant changes due to the rise of AI-enabled appliances and the chip shortage impacting electronic products. Supply chains face challenges in meeting consumer demand for advanced functions and intelligent devices. Premium brands are leading the digital transformation with touchless tech, Wi-Fi connectivity, and voice control in home systems. Working individuals, nuclear families, and single person homes are driving the digital penetration in consumer electronics. Agile operations are crucial to meet the variable cost structures of online retailing through e-commerce websites and physical stores. Smart homes, including ACs, refrigerators, and washing machines, are becoming standard with features like temperature sensors, home automation, and IoT. High-tech users seek AI technology in HVAC and refrigerators, while living standards continue to rise with the adoption of smart washing machines and their advanced features like bionic magic filter and 3D rolling wash.
For more insights on driver and challenges – Request a sample report!
Segment Overview
This home appliances market in France report extensively covers market segmentation by
Product 1.1 Major household appliances1.2 Small household appliancesDistribution Channel2.1 Offline2.2 OnlineGeography 3.1 Europe
1.1 Major household appliances- The major household appliances segment is the leading contributor to the home appliance market in France in 2022, accounting for the highest sales. This segment includes refrigeration appliances, large cooking appliances, washing appliances, room comfort and water heater appliances, and dishwashers. The high disposable income and urbanization in France have increased consumer awareness and purchasing power, enabling them to invest in premium appliances without compromising quality. Replacement sales are a significant trend, as consumers opt for updated products. However, the high durability of appliances and the saturation of the market pose challenges for players. Dishwashers are in high demand due to their increasing adoption among the Gen-Y population and the growing preference for water- and energy-efficient products. The trend of reducing household sizes also boosts sales of built-in appliances, particularly dishwashers and washing machines. France’s major household appliance market growth is expected to be driven by these trends, contributing significantly to the overall home appliance market expansion during the forecast period.
For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) – Download a Sample Report
Research Analysis
The Home Appliances market in France is witnessing significant growth due to the increasing demand for premium, intelligent home appliances. With the rise of artificial intelligence and the Internet of Things, high tech users are embracing home appliances that offer convenience, safety, and security. French consumers, particularly those who are tech-savvy and internet users, are adopting smart home appliances such as touchless tech refrigerators and washing machines to enhance their lifestyle and living standards. Bright air conditioning and HVAC systems with AI technology are also gaining popularity for their energy efficiency and ability to maintain optimal temperatures. Electronic appliances for cooking, cleaning, and other homemaking tasks continue to be in demand, as more and more people seek to make their lives easier and more efficient.
Market Research Overview
The Home Appliances Market in France is experiencing significant growth as consumers seek to enhance their living standards with Premium brands offering Intelligent home appliances. Artificial Intelligence (AI) and the Internet of Things (IoT) are driving innovation, with Touchless tech, Electronic appliances, and High tech users showing a preference for advanced functions and smart home appliances. Refrigerators, washing machines, and cooking appliances are popular categories, with Air conditioners (AC), HVAC, and Energy efficient appliances gaining traction due to lifestyle changes, safety, and convenience. The market is witnessing a digital transformation, with online purchases and e-commerce websites becoming increasingly popular. However, supply chain disruptions due to chip shortages and advanced functions in AI-enabled appliances and intelligent devices are posing challenges. Consumers are adopting smart homes with Wi-Fi connectivity, voice control, temperature sensors, and home automation, making Homemaking tasks more efficient. Single person homes, Nuclear families, and Working individuals are embracing these trends, leading to a high demand for White goods and Cooking appliances. The market is expected to continue growing as digital penetration increases and Online retailing becomes the norm.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
ProductMajor Household AppliancesSmall Household AppliancesDistribution ChannelOfflineOnlineGeographyEurope
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
View original content to download multimedia:https://www.prnewswire.com/news-releases/home-appliances-market-size-in-france-is-set-to-grow-by-usd-3-8-billion-from-2024-2028–innovation-and-product-launches-driving-growth-boost-the-market-technavio-302188909.html
SOURCE Technavio

You may like
Technology
Data Catalog Market is expected to generate a revenue of USD 5.72 Billion by 2031, Globally, at 22.61% CAGR: Verified Market Research®
Published
50 minutes agoon
May 19, 2025By

The Data Catalog Market presents strong growth potential driven by rising data complexity, cloud adoption, and compliance needs. However, high implementation costs and legacy system challenges demand careful planning. North America’s dominance highlights the importance of targeting mature markets with established digital ecosystems. For successful market entry, vendors should focus on scalable, secure solutions with seamless cloud integration, while offering flexible pricing models to appeal to mid-sized enterprises.
LEWES, Del., May 19, 2025 /PRNewswire/ — The Global Data Catalog Market Size is projected to grow at a CAGR of 22.61% from 2024 to 2031, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 1.28 Billion in 2024 and is expected to reach USD 5.72 Billion by the end of the forecast period.
The Data Catalog Market is witnessing robust growth due to surging demand for streamlined data discovery, metadata management, and self-service analytics across industries.
Key Highlights of the Report:
Market Size & Forecast – In-depth analysis of current value and future projections.Segment Analysis – Detailed study across Component, Deployment Mode, and End-User.Regional Insights – Comprehensive coverage of North America, Europe, Asia-Pacific, and more.Competitive Landscape – Profiles of top players and their strategic initiatives.Technology Trends: Analyzes adoption of AI, ML, and automation in enhancing catalog functionalities.Regulatory Impact – Assessment of global and regional compliance frameworks.Investment Opportunities: Identifies hot spots for M&A, product innovation, and emerging use cases.
Why This Report Matters:
This report offers strategic insights into the rapidly evolving Data Catalog Market, equipping decision-makers with actionable intelligence on growth opportunities, emerging technologies, and competitive dynamics that directly impact data management investments.
Who You Should Read This Report:
CIOs & CTOs – For shaping enterprise data architecture and governanceData Analysts & Scientists – To enhance data discovery and usabilityIT Leaders – For integrating catalog solutions into cloud or hybrid infrastructureB2B Buyers & Consultants – Seeking in-depth vendor and segment evaluationsInvestors & Strategists – Exploring market entry and portfolio expansion opportunities
For more information or to purchase the report, please contact us at: https://www.verifiedmarketresearch.com/download-sample?rid=26914
Browse in-depth TOC on “Global Data Catalog Market Size“
202 – Pages
126 – Tables
37 – Figures
Report Scope
REPORT ATTRIBUTES
DETAILS
STUDY PERIOD
2021-2031
GROWTH RATE
CAGR of ~22.61% from 2024 to 2031
BASE YEAR FOR VALUATION
2024
HISTORICAL PERIOD
2021-2023
FORECAST PERIOD
2024-2031
QUANTITATIVE UNITS
Value (USD Billion)
REPORT COVERAGE
Historical and Forecast Revenue Forecast, Historical and Forecast Volume, Growth Factors, Competitive Landscape, Key Players, Segmentation Analysis
SEGMENTS COVERED
By ComponentBy Deployment ModeBy End-User
REGIONS COVERED
North AmericaEuropeAsia PacificLatin AmericaMiddle East & Africa
KEY PLAYERS
Alation, Inc., Collibra NV, Informatica Inc., IBM Corporation, TIBCO Software Inc., Hitachi Vantara LLC, Alteryx, Inc., Datawatch Corporation, Microsoft Corporation, and Amazon Web Services, Inc.
CUSTOMIZATION
Report customization along with purchase available upon request.
Global Data Catalog Market Overview
Market Driver
Surge in Data Volume and Complexity: The exponential proliferation of data produced by IoT devices, enterprise systems, customer interactions, and third-party platforms has resulted in heightened data complexity. Organizations are currently compelled to extract useful insights from extensive, sometimes siloed and unstructured datasets. Data catalog systems provide centralized metadata stores that facilitate data search, lineage tracking, and classification, enabling expedited access to reliable data and enhancing analytical productivity across departments.
Rising Adoption of Cloud-Based Solutions: Organizations are progressively transitioning to cloud, multi-cloud, and hybrid IT infrastructures to enhance scalability and minimize infrastructure expenses. This transfer frequently results in fragmented data environments, causing difficulties in data visibility and control. Data catalogs provide effortless connectivity across several cloud platforms, facilitating cohesive perspectives of dispersed data assets. This not only improves agility and decision-making but also enables firms to optimize cloud investments and facilitate real-time analytics.
Demand for Regulatory Compliance & Data Governance: The emergence of data privacy legislation like GDPR, CCPA, and HIPAA has necessitated that enterprises establish comprehensive data governance frameworks. Non-compliance may lead to significant monetary fines and harm to reputation. Data catalogs provide automated data classification, policy enforcement, and the production of audit trails, so enhancing compliance efficiency and reliability. Businesses are progressively using catalog solutions to mitigate legal risks, implement access restrictions, and ensure transparency in data utilization.
To Purchase a Comprehensive Report Analysis: https://www.verifiedmarketresearch.com/select-licence?rid=26914
Market Restraint
High Implementation and Integration Costs: Implementing a comprehensive data catalog solution typically necessitates significant financial expenditure, encompassing software license, infrastructure enhancements, personnel training, and consultancy services. Moreover, incorporating new tools into legacy systems can be laborious and resource-demanding. For numerous mid-sized and budget-conscious organizations, substantial initial expenses and ambiguous return on investment may serve as impediments, postponing adoption despite the clear necessity for enhanced data management.
Data Silos and Legacy System Constraints: Numerous companies continue to function with antiquated or isolated systems that fail to accommodate contemporary metadata frameworks. The disjointed systems hinder the centralization and standardization of metadata, complicating the establishment of a singular source of truth. The efficacy of data catalog solutions is markedly diminished when integration is impracticable. This limitation impedes data democratization initiatives and constrains the complete attainment of analytical and operational advantages.
Concerns Over Data Privacy and Security: Although data catalogs enhance data accessibility, they also pose risks if stringent access controls and security measures are not established. Inadequate metadata disclosure may result in unauthorized access to sensitive or classified material. In sectors like finance and healthcare, where data sensitivity is paramount, apprehensions around security breaches and compliance infractions may impede adoption. Organizations must meticulously balance transparency with security, hence increasing implementation complexity.
Geographical Dominance
North America leads the Data Catalog Market owing to its early embrace of advanced analytics, significant presence of major IT firms, and rigorous legislative frameworks that promote data governance. Businesses in the U.S. and Canada are swiftly allocating resources to metadata management and cloud integration, hence increasing the demand for catalog solutions. The region’s developed IT infrastructure and innovation-centric economy establish it as the leader in market expansion and technological progress.
Key Players
The “Global Data Catalog Market” study report will provide a valuable insight with an emphasis on the global market. The major players in the market are Alation, Inc., Collibra NV, Informatica Inc., IBM Corporation, TIBCO Software Inc., Hitachi Vantara LLC, Alteryx, Inc., Datawatch Corporation, Microsoft Corporation, and Amazon Web Services, Inc.
Data Catalog Market Segment Analysis
Based on the research, Verified Market Research has segmented the global market into Component, Deployment Mode, End-User, and Geography.
Data Catalog Market, by Component:SolutionsServices
Data Catalog Market, by Deployment Mode:Cloud-BasedOn-Premises
Data Catalog Market, by End-User:HealthcareManufacturing
Data Catalog Market, by GeographyNorth AmericaU.SCanadaMexicoEuropeGermanyFranceU.KRest of EuropeAsia PacificChinaJapanIndiaRest of Asia PacificROWMiddle East & AfricaLatin America
Browse Related Reports:
Global Database As A Service (DBaaS) Market Size By Type of Database Service (Relational Database, NoSQL Database), By Service Model (Fully Managed, Self-Service), By Industry Vertical (Financial Services, Healthcare), By Enterprise Size (Large Enterprises, Small and Medium Enterprises (SMEs)), By Geography, And Forecast
Global Test Data Management Market Size By Component (Software/Solutions and Services), By Deployment Mode (Cloud-based and On-Premises), By Enterprise Level (Large Enterprises and SMEs), By Application (Synthetic Test Data Generation, Data Masking), By End User (BFSI, IT & telecom, Retail & Agriculture), By Geography, And Forecast
Global AI And Machine Learning Operationalization Software Market Size By Application (Predictive Analytics, Natural Language Processing, Computer Vision, Speech Recognition, Anomaly Detection), By Deployment (On-Premises, Cloud-Based, Hybrid), By Functionality (Model Deployment And Management, Data Preprocessing And Feature Engineering, Model Monitoring And Performance Evaluation, Integration With Existing Systems), By End-User (Healthcare, Finance, Retail, Manufacturing, Automotive, Government, Media And Entertainment, Telecommunications, Energy And Utilities, Education), By Geography, And Forecast
Global Dense Wave Digital Multiplexing (DWDM) System Market Size By Product Type (Synchronous Optical Network Data (SONET), Internet Protocol (IP)), By Application (BFSI, It & Telecommunication, Healthcare & Life Sciences), By Geography, And Forecast
Top 7 Master Data Management Solutions delivering accurate data across all organizational levels
Visualize Data Catalog Market using Verified Market Intelligence -:
Verified Market Intelligence is our BI Enabled Platform for narrative storytelling in this market. VMI offers in-depth forecasted trends and accurate Insights on over 20,000+ emerging & niche markets, helping you make critical revenue-impacting decisions for a brilliant future.
VMI provides a holistic overview and global competitive landscape with respect to Region, Country, Segment, and Key players of your market. Present your Market Report & findings with an inbuilt presentation feature saving over 70% of your time and resources for Investor, Sales & Marketing, R&D, and Product Development pitches. VMI enables data delivery In Excel and Interactive PDF formats with over 15+ Key Market Indicators for your market.
About Us
Verified Market Research® stands at the forefront as a global leader in Research and Consulting, offering unparalleled analytical research solutions that empower organizations with the insights needed for critical business decisions. Celebrating 10+ years of service, VMR has been instrumental in providing founders and companies with precise, up-to-date research data.
With a team of 500+ Analysts and subject matter experts, VMR leverages internationally recognized research methodologies for data collection and analyses, covering over 15,000 high impact and niche markets. This robust team ensures data integrity and offers insights that are both informative and actionable, tailored to the strategic needs of businesses across various industries.
VMR’s domain expertise is recognized across 14 key industries, including Semiconductor & Electronics, Healthcare & Pharmaceuticals, Energy, Technology, Automobiles, Defense, Mining, Manufacturing, Retail, and Agriculture & Food. In-depth market analysis cover over 52 countries, with advanced data collection methods and sophisticated research techniques being utilized. This approach allows for actionable insights to be furnished by seasoned analysts, equipping clients with the essential knowledge necessary for critical revenue decisions across these varied and vital industries.
Verified Market Research® is also a member of ESOMAR, an organization renowned for setting the benchmark in ethical and professional standards in market research. This affiliation highlights VMR’s dedication to conducting research with integrity and reliability, ensuring that the insights offered are not only valuable but also ethically sourced and respected worldwide.
Contact Us
Mr. Edwyne Fernandes
Verified Market Research®
US: +1 (650)-781-4080
US Toll Free: +1 (800)-782-1768
Email: sales@verifiedmarketresearch.com
Web: https://www.verifiedmarketresearch.com/
Follow Us: LinkedIn | Twitter | Threads | Instagram | Facebook
Logo: https://mma.prnewswire.com/media/2015407/VMR_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/data-catalog-market-is-expected-to-generate-a-revenue-of-usd-5-72-billion-by-2031–globally-at-22-61-cagr-verified-market-research-302459032.html
Technology
From Web3 to Wall Street: Bybit Becomes the First Crypto Exchange to Offer Direct Global Stock Trading with USDT
Published
50 minutes agoon
May 19, 2025By

DUBAI, UAE, May 19, 2025 /PRNewswire/ — In a landmark move bridging traditional and decentralized finance, Bybit, the world’s second-largest crypto exchange by trading volume, has launched direct trading of top global stocks with USDT. This innovation—part of Bybit’s expanding Gold & Forex (MT5) product suite— unlocks direct trading of 78 of the most sought-after global equities—including Apple ($AAPL), Tesla ($TSLA), Meta ($META), Nvidia ($NVDA), and Amazon ($AMZN)—all powered by USDT. Users can now tap into traditional markets like stocks, gold, oil, indices, and forex, without fiat onboarding or leaving the crypto ecosystem.
With this launch, Bybit became the first and only major crypto exchange to unify crypto, stocks, and traditional assets under one roof, enabling seamless trading across asset classes from a single account and wallet. Whether you’re chasing earnings, hedging exposure, or responding to global macro shifts, this upgrade delivers crypto-native speed, simplicity, and flexibility to global markets.
From Bitcoin to Wall Street and beyond, Bybit traders can now move fluidly between digital and traditional markets—leveraging the power of stablecoins to access a full spectrum of global opportunities in real time.
Why This is a Game Changer
Access Top Global Stocks: Including Apple ($AAPL), Tesla ($TSLA), Meta ($META), Nvidia ($NVDA), Amazon ($AMZN), and more—all now live on Bybit Gold & FX (MT5).One Platform, All Trading: Trade crypto, stocks, gold, oil, indices, and forex—all using USDT.Seamless, Crypto-Native Execution: No fiat required. No barriers. Just pure trading freedom.
Whether you’re hedging crypto volatility with gold, speculating on oil or forex, or investing in tech stocks, Bybit’s enhanced Gold & FX offering opens the door to a truly unified financial experience.
Wall Street Meets Web3: Limited-Time Launch Offer
To celebrate this milestone, Bybit is launching the “Wall Street meets Web3” campaign. From June 2 to June 15, 10:00 (UTC), all users will receive a 50% discount on trading fees for stock trades made through Bybit Gold & FX. It’s your chance to explore the future of finance—where the flexibility of crypto meets the legacy of Wall Street—at half the cost.
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open, and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
Photo – https://mma.prnewswire.com/media/2690597/From_Web3_Wall_Street_Bybit_Becomes_First_Crypto_Exchange_Offer.jpg
Logo – https://mma.prnewswire.com/media/2267288/Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/from-web3-to-wall-street-bybit-becomes-the-first-crypto-exchange-to-offer-direct-global-stock-trading-with-usdt-302458937.html
Technology
Comcast Supports Military Veterans with Laptop Giveaway and Lift Zone Opening
Published
50 minutes agoon
May 19, 2025By

Tech leader launches newest Lift Zone to expand digital access
KNOXVILLE, Tenn., May 19, 2025 /PRNewswire/ — Comcast has partnered with the Liberty Place Housing Complex to launch a new Lift Zone aimed at promoting digital literacy and increasing access to technology for its residents. The opening ceremony and laptop giveaway, held at Liberty Place H, featured City of Knoxville Mayor Indya Kincannon, Knox County Mayor Glenn Jacobs, Comcast Vice President of Government Affairs Melinda Little, and Knoxville’s Community Development Corporation Chief Strategy Officer Marisa Moazen.
Comcast’s Veteran-focused employee resource group (ERG), VetNet, played a key role in the event by providing each resident with a personal letter of appreciation. VetNet members include Comcast employees who are veterans, active military, military family members and other supporters of the military community.
Comcast Investing in the Veteran Community
The event began with an opening ceremony announcing the launch of the new Lift Zone, followed by the presentation of 35 laptops to the residents of Liberty Place.
“The residents of Liberty Place have made countless sacrifices in service to our country,” said City of Knoxville Mayor Indya Kincannon. “This act of generosity by Comcast helps to remind them that we are grateful, recognize their sacrifice, and are committed to their growth.”
Since 2015, Comcast has hired more than 21,000 veterans, National Guard and reserve service members and military spouses, and the Veteran Network ERG has over 9,000 members. In 2024, Comcast earned recognition for the third consecutive year as a top three overall employer in the Military Times’ “Best for Vets” rankings.
Expanding Access to Digital Resources
“Providing internet access and laptops to our veterans is a major step in showing them the importance of technology and the impact these tools have on our lives,” said Knox County Mayor Glenn Jacobs. “Thank you to Comcast for this contribution to our veterans.”
The newly launched Lift Zone provides free high-speed internet access for residents at Liberty Place. This housing complex features 32 fully furnished units for veterans who have experienced homelessness or are at risk of homelessness.
“Creating Lift Zones and providing resources that encourage digital access are a major part of Comcast’s commitment to the communities we serve,” said Melinda Little, Vice-President of Government Affairs at Comcast. “The laptops, and reliable, high-speed internet provided by Comcast today will be instrumental in helping these veterans begin their next chapters.”
Comcast’s Longstanding Commitment to Knoxville
Comcast has served Knoxville for nearly three decades through Project UP, a 10-year, $1 billion effort launched in 2021 to foster digital opportunity. As part of this initiative, the Internet Essentials program has helped over 680,000 Knoxville residents connect to affordable home internet since its launch in 2011. Additionally, Comcast has established WiFi-connected “Lift Zones” at local community centers, providing safe spaces for students and families to engage in distance learning, complete homework, acquire digital skills, and search for employment.
About Comcast Corporation
Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company. From the connectivity and platforms we provide, to the content and experiences we create, our businesses reach hundreds of millions of customers, viewers, and guests worldwide. We deliver world-class broadband, wireless, and video through Xfinity, Comcast Business, and Sky; produce, distribute, and stream leading entertainment, sports, and news through brands including NBC, Telemundo, Universal, Peacock, and Sky; and bring incredible theme parks and attractions to life through Universal Destinations Experiences. Visit www.comcastcorporation.com for more information.
Media Contact
Donnie Hannah
donald_hannah@comcast.com
(470) 322-8272
View original content to download multimedia:https://www.prnewswire.com/news-releases/comcast-supports-military-veterans-with-laptop-giveaway-and-lift-zone-opening-302459057.html
SOURCE Comcast


Data Catalog Market is expected to generate a revenue of USD 5.72 Billion by 2031, Globally, at 22.61% CAGR: Verified Market Research®

From Web3 to Wall Street: Bybit Becomes the First Crypto Exchange to Offer Direct Global Stock Trading with USDT

Comcast Supports Military Veterans with Laptop Giveaway and Lift Zone Opening

Whiteboard Series with NEAR | Ep: 45 Joel Thorstensson from ceramic.network

New Gooseneck Omni Antennas Offer Enhanced Signals in a Durable Package

Huawei Launches Global City Intelligent Twins Architecture to Accelerate City Digital Transformation

Why You Should Build on #NEAR – Co-founder Illia Polosukhin at CV Labs

Whiteboard Series with NEAR | Ep: 45 Joel Thorstensson from ceramic.network

NEAR End of Year Town Hall 2021: The Open Web World, MetaBUILD 2 Hackathon and 2021 recap
Trending
-
Near Videos4 days ago
DevHub Live Episode 48 – Developer News, Infra RFPs and what’s new with the Wallet Selector
-
Coin Market3 days ago
Tokenization makes investing more accessible — Robinhood exec
-
Coin Market3 days ago
Bitcoin bull flag and standard profit taking hint at eventual rally to new BTC price highs
-
Technology3 days ago
Canaan Inc. Receives Nasdaq Notification Regarding Minimum Bid Requirements
-
Technology3 days ago
BOARDWALKTECH ANNOUNCES NEW NON-BROKERED LIFE OFFERING AND CLOSES PRIOR OFFERING
-
Technology4 days ago
D-Link AQUILA PRO AI M95 Wins Red Dot Design Award 2025
-
Coin Market3 days ago
Filecoin, Lockheed Martin send data in space using decentralized data protocol
-
Technology2 days ago
GMI Cloud Scales Up With New HQ in Mountain View, CA